Excellent long-term tenants w/strong revenue make this updated 1/2 duplex an exceptional investment opportunity in the heart of Fernwood. Ideally located across the street from a beautiful neighbourhood park & surrounded by the charm of this vibrant community, this property offers independent living with 2 self-contained suites—one upper/one lower. Thoughtfully maintained & extensively updated, improvements include heat pump, soundproofing, a Rheem Marathon HWT, a newer roof, & a well-designed common storage room featuring 2 private locking storage areas, one for each tenant. The generous indoor storage area is perfect for bikes, paddleboards & all your favourite sports/hobby equipment. Generating nearly $6,000 per month in revenue, this turnkey property offers reliable income w/excellent tenants already in place. Whether you're seeking a fully updated investment property or a flexible multigenerational living arrangement, this well-maintained Fernwood gem is a rare opportunity
Property Type:
Residential
Type:
Half Duplex
Year built:
1943
(Age: 83)
Living Area:
1,715 sq. ft.159 m2
Auxiliary Building Living Area:
1,050 sq. ft.97.5 m2
Main Building Living Area:
665 sq. ft.61.8 m2
Listing General Location:
Vi Fernwood, Victoria
Bedrooms:
5
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
1,570 sq. ft.146 m2
Lot Details:
52 ft wide x 63 ft deep
Kitchens:
2
Home Style:
Character
Construction:
Frame Wood, Vinyl Siding, Wood
New Construction:
No
Basement:
Finished
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Levels:
3
Number of Storeys:
3
Number of Buildings:
1
Floor finish:
Carpet, Tile
Total Building Area:
1,958 sq. ft.182 m2
Total Unfinished Area:
243 sq. ft.22.6 m2
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
1
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
682 sq. ft.63.4 m2
Living Area Main Floor:
665 sq. ft.61.8 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
368 sq. ft.34.2 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Gas, Living Room, Propane
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
Exists
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Heat Pump
Fireplace:
Yes
Balcony/Patio, Fencing: Full
Private Drive/Road
City
Deck/Patio
Main Level
0
No
See ByLaws
Yes
No
Unrestricted
Association Fee Year:
2026
Jurisdiction name:
City of Victoria
Accessibility:
Primary Bedroom on Main
Bed and Breakfast:
None
Number of 2 piece baths:
0
Number of 3 piece baths:
2
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Leased Equipment:
Propane Tank
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
East
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Rectangular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Street
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
1
Date Listed:
Jun 15, 2026
Original Price:
879000.0
Listed by Pemberton Holmes Ltd.
Data was last updated June 26, 2026 at 02:05 PM (UTC)